Boost Your Auto Lending with Residual-Based Balloon Loans, Featuring AFG's Tim Kelly
Update: 2024-09-26
Description
If your credit union makes auto loans, do you offer a fully insured, residual-based, walk-away balloon loan? Do you even know what a fully insured, residual-based, walk-away balloon loan is? If you answered no to either question, this episode of TechSolutions4CUs is for you. In this episode, Auto Financial Group's President Tim Kelly explains:
- Why these loans offer your members the lowest possible payments of any financing product, including leasing.
- How these loans can be used for both new and used auto financing.
- How these loans can be used for both direct and indirect lending.
- How these loans can even be used to refinance a delinquent loan down to a lower payment.
- Why AFG technology eliminates all the risk for your credit union.
CEOs, CFOs and CLOs, don't miss this episode.
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